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$3,990,000

104 Avenida Veneccia Sarasota, FL 34242 Multi Unit - Multiple Active

  • 104 Avenida Veneccia, Unit 171, Sarasota, FL 34242 Main Photo

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Description

Six fully renovated, individually rentable units come together in this turnkey Siesta Key investment property, currently operating as an established vacation rental just steps from the world-famous shores of Siesta Key Beach. Offered fully furnished, the property presents a unique opportunity to acquire an established income-producing property with six private one-bedroom, one-bath units in one of the island's most desirable locations.Each unit features a full kitchen, open-concept living and dining area, spacious king bedroom, and stylish coastal finishes. Completely renovated throughout, the property offers bright, inviting interiors with beautifully appointed kitchens and baths and a cohesive design across all six units.At the heart of the property, a beautifully landscaped brick-paver courtyard provides an inviting shared outdoor space with lounge areas, outdoor dining, gas grills, and lush tropical landscaping. Onsite laundry and designated parking add further convenience for owners and visitors alike.The location further enhances the property's rental appeal, with Siesta Key Beach just steps away and Siesta Key Village within walking distance. Visitors can easily enjoy award-winning beaches, locally owned restaurants, boutique shopping, live entertainment, and everything that makes Siesta Key one of the Gulf Coast's premier destinations.Combining six renovated and furnished units, an established vacation rental operation, and an exceptional location near both the beach and Village, this property offers a compelling opportunity for investors seeking a turnkey income-producing property on Siesta Key. Rental performance history, income, and rental data are available.

Property Highlights

Property Type: Multi Unit - Multiple
Cooling: Central Air
Heating: Electric
Lot Size: 0.13 Acres
Roof Type: Shingle
Taxes: $26,805
Year Built: 1971

General Information

Bedrooms: 6
Sqft: 3,888
County: Sarasota
Listed By:
Curt Ware KW COASTAL LIVING III 941-900-4151

Amenities

Ceiling Fans(s)
Solid Surface Counters
Solid Wood Cabinets
Outdoor Grill
Outdoor Shower
Sliding Doors

Property Features

Annual Net Income: 400000.00
Days on Site: 6
Directions: From Stickney Point Road, head north on Midnight Pass Road. Turn left onto Beach Road, then right onto Avenida Veneccia. Property is located on the left, just steps from Siesta Key Beach and Siesta Key Village.
Exterior: Concrete
Flood Zone Code: AE
Flooring: Ceramic Tile
Foundation: Slab
Home Warranty Y/N: No
Listing Terms: Cash, Conventional
Lot Dimensions: 0.13
Ownership: Fee Simple
Pets Allowed: Yes
Pets Size: Small (16-35 Lbs.)
Property Attached Y/N: No
Property Sub-Type: Quadruplex
Sewer: Public Sewer
Showing Instructions: Call Listing Agent
Special Sale Provisions: None
Utilities: BB/HS Internet Available, Cable Available, Cable Connected, Electricity Available, Electricity Connected, Sewer Available, Sewer Connected, Water Connected
Water: Public
Water Access Y/N: No
Water View: Gulf/Ocean - Full, Gulf/Ocean - Partial
Windows: Shades
Zoning: RMF1
$3,990,000
6beds
3,888sqft
New to the Market Active
BEDS6 BATHS SQUARE FEET3,888 MLS#A4702434
STATUSActive PROPERTY TYPEMulti Unit - Multiple

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104 Avenida Veneccia, Unit 171, Sarasota, FL 34242.

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Estimated Payment

$ 16,855.10 per month $13,457.60 Principal & Interest $2,233.75 Property Tax $1,163.75 Homeowner's Insurance

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About this area

Florida/Sarasota
Sarasota

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About Sarasota

Sarasota, FL is a cultural gem. Once home to the Ringling Brothers Circus, Sarasota boasts a rich arts scene that brings people from all over the area to enjoy world-class theater, music, and other performing arts. Sarasota is also a haven with spectacular scenery, turquoise water and white sandy beaches. It offers a delightful downtown with a variety of small boutiques and exceptional restaurants. With its dynamic culture and arts scene and incredible natural beauty, Sarasota is a wonderful place to call “home.” 

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